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http://www.bankinfosecurity.com/articles.php?art_id=1213
By Linda McGlasson
Managing Editor
Bank Infosecurity
February 16, 2009
Two Philadelphia law firms have filed class action suits on behalf of
all cardholders in the U.S. who had their credit or debit card data
stolen in the Heartland Payment System (HPY) data breach. This brings to
three the total number of class action lawsuits filed against the
Princeton, NJ-based payments processor.
The law firm of Berger & Montague filed a class action suit in the U.S.
District Court for the District of New Jersey, alleging Heartland's
failure to safeguard cardholder data when the company's computer systems
were hacked and cardholder data was stolen. Heartland says last year it
processed 100 million card transactions per month, but an unknown number
of cards were impacted by the breach. The law firm says fraudulent
activity has occurred on some of those cards.
The law firm alleges that Heartland's security measures and intrusion
detection systems were inadequate. "Because of Heartland's inadequate
data security, cardholders have had their card information compromised,
have been exposed to the risk of fraud, have spent and will spend time
to monitor their accounts and dispute fraudulent charges, and have
suffered other economic damages," the law firm says in its statement
regarding the suit.
Berger & Montague were also co-lead counsel in the consumer class action
suit brought against TJX Companies, which resulted in a $200 million
settlement.
[...]
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